QUESTION 1 Trace the history of the 'Double Entry System' in Accounting. QUESTION 2 Identify the type of errors associated with the following transactions and critically examine their effects on the Trial Balance. a) Goods sold to Maame Krobo $1,500 was completely omitted in the books of account. b) The purchases account was under cast by S560 and the sales account was also under cast by $560 c) Payment of rent of $650 by cash was entered in both the rent account and cash account as $605. The rent account and the cash account were debited and credited respectively. d) Sale of goods of $970 to Naa Dede was only recorded in Naa Dede's account and no other entry was made. e) The purchases account was overstated by $2,000. 1) A sale of $3,000 to Gyambibi was not entered in his account. g) A payment of $850 in connection with insurance premium was made by cheque. The debit and credit entries were duly made in the books of account. However, a figure of $970 was used